How to Buy Zhongchao Stock
Zhongchao Inc
Zhongchao Inc. provides healthcare information, education, and training services in the People's Republic of China.
Zhongchao stock last closed at $1.45, up 5.84% from the previous day, and has decreased 88.21% in one year. It has underperformed other stocks in the Health Information Services industry by 0.61 percentage points. Zhongchao stock is currently +20.83% from its 52-week low of $1.20, and -89.64% from its 52-week high of $14.00.
There are currently 2.6M ZCMD shares outstanding. The market value of ZCMD is $3.77M. In the past 24 hours, 1.24M ZCMD shares were traded.
How to Buy Zhongchao Stock
Not sure how to invest in Zhongchao stock? Here's how.
- Decide where to buy Zhongchao stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Zhongchao stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Evaluate Zhongchao stock: The Zhongchao ticker symbol is ZCMD. Is Zhongchao stock a good investment? Should you buy shares of ZCMD? How do ZCMD's underlying business fundamentals look? Do top analysts think Zhongchao is a good buy? Why has ZCMD's stock price moved recently? (Hint: Our stock research tools can help you figure out if ZCMD is a good stock to buy).
- Make your ZCMD trade: Decide if you will purchase ZCMD shares at the current market price or use a limit order to purchase ZCMD stock at a given price.
- Monitor your ZCMD investment: Create a watchlist to the latest updates on your position in Zhongchao stock.
Step 1: Decide where to buy Zhongchao stock
You will need a brokerage account to access the NASDAQ market and buy ZCMD shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to buy ZCMD stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on apps for stock market, you can securely and quickly fund your account:
Watch the video below if you need help transferring money into your investment account.
Step 4: Evaluate Zhongchao stock
After you have decided on the best place to buy Zhongchao stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Zhongchao Numbers
ZCMD Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ZCMD's stock page.
Is ZCMD stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ZCMD's intrinsic value.
Using relative valuations measures:
- ZCMD could be undervalued based on its P/B ratio of 0.16x, relative to Health Information Services industry P/B ratio of 3.36x
You can do additional valuation research on ZCMD's stock here.
ZCMD Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the ZCMD balance sheet.
- ZCMD has $12.50M in cash and short term investments. This is sufficient to cover its annual cash burn of $2.45M.
- ZCMD has cash burn of 2454182. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ZCMD balance sheet.
- ZCMD has a low debt to equity ratio of 0.14.
Negative Health Checks:
- ZCMD profit margin has gone down from -4.5% to -45% in the past year.
Metrics for Advanced ZCMD Traders
How are ZCMD Revenues/Earnings doing?
Last year, ZCMD revenue was $17.23M. During the past three year, ZCMD's revenue has grown by 37.68% per year. This was faster than the Health Information Services industry average of 19.86%.
Dig into ZCMD's earnings and revenue performance here.
Latest Insiders Trades at ZCMD
In the past 12 months, executives and large shareholders at ZCMD have not bought or sold any shares.
Get more info about who owns ZCMD stock here.
Does ZCMD stock generate passive income?
No, Zhongchao doesn't provide an income stream by paying out dividends.
What others are saying about ZCMD
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your ZCMD trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you require additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Monitor your ZCMD investment
Now that you own some shares in ZCMD, you'll want to keep up with your investment.
Put ZCMD on a watchlist to monitor your ZCMD stock.
ZCMD Feed
How to Buy Stock in Zhongchao
To reiterate, here are the 6 steps you need to take to buy Zhongchao stock right now:
- Decide where to buy Zhongchao stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Zhongchao stock
- Make your ZCMD trade
- Monitor your ZCMD investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your new investment in Zhongchao, create your watchlist below.
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